Apple Inc. (AAPL.O) filed suit in U.S. court alleging OpenAI obtained unpublished product information — including design drawings, parts specifications and engineering documents — via former Apple employees to develop AI hardware. Apple says OpenAI and its head of hardware, Tang Tan, were involved and is seeking an injunction to stop the conduct and an order to destroy the alleged confidential materials. Tang, who led hardware development for iPhone, Apple Watch and AirPods, left Apple in 2024 t

2026-07-11

Apple Inc. (AAPL.O) filed suit in U.S. court alleging OpenAI obtained unpublished product information — including design drawings, parts specifications and engineering documents — via former Apple employees to develop AI hardware. Apple says OpenAI and its head of hardware, Tang Tan, were involved and is seeking an injunction to stop the conduct and an order to destroy the alleged confidential materials. Tang, who led hardware development for iPhone, Apple Watch and AirPods, left Apple in 2024 to join AI hardware startup io Products, which OpenAI acquired for $6.5 billion. Apple said it had previously worked with OpenAI to integrate ChatGPT into Apple Intelligence and Siri but relations soured amid AI-hardware competition and talent recruitment; Apple says more than 400 former employees have joined OpenAI.

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2026-07-11

The investment firm where Kong Lingguo works, which focuses on the semiconductor value chain, put about 250 mln yuan into Muxi starting at the angel round. Muxi listed on 17 Dec 2025; the 50 mln yuan angel stake has generated over 7.4 bln yuan of unrealised gains in five years and overall paper gains are substantial. An industry forecast projects domestic purchases of compute cards will reach 14.4 tln yuan by 2029, underpinning investor expectations that China could produce multiple listed compa

2026-07-11

Iranian foreign ministry spokesman Baghaei said Araghchi will visit Oman to discuss and exchange views on establishing an appropriate mechanism to ensure safe passage of vessels through the Strait of Hormuz.